News/Frax Finance to Launch Liquidity Staking Protocol on Ethereum within Two Weeks

Frax Finance to Launch Liquidity Staking Protocol on Ethereum within Two Weeks

Oct 17,2022,21:30

Frax Finance is set to make its liquid staking protocol on Ethereum publicly available within two weeks. The launch will allow users to stake ether (ETH) and receive a liquid derivative token called Frax Ether (frxETH). To receive the yield, users will have to exchange the first derivative token (frxETH) to Staked Frax Ether (sfrxETH), a second token that will accrue staking yield from Frax’s Ethereum validators. It is reported that Frax has finished a security audit of its liquid staking token ahead of a final release on the Ethereum mainnet.

Source
Disclaimer: This platform includes third party opinions. We do not endorse their accuracy. Digital asset prices can be volatile. Do your own insights. See full terms here
LastRipple Begins Testing XRP Ledger Sidechain That’s Compatible With Ethereum Smart ContractsRipple Begins Testing XRP Ledger Sidechain That’s Compatible With Ethereum Smart ContractsRipple Begins Testing XRP Ledger Sidechain That’s Compatible With Ethereum Smart ContractsRipple Begins Testing XRP Ledger Sidechain That’s Compatible With Ethereum Smart ContractsRipple Begins Testing XRP Ledger Sidechain That’s Compatible With Ethereum Smart ContractsRipple Begins Testing XRP Ledger Sidechain That’s Compatible With Ethereum Smart ContractsRipple Begins Testing XRP Ledger Sidechain That’s Compatible With Ethereum Smart ContractsRipple Begins Testing XRP Ledger Sidechain That’s Compatible With Ethereum Smart ContractsRipple Begins Testing XRP Ledger Sidechain That’s Compatible With Ethereum Smart ContractsRipple Begins Testing XRP Ledger Sidechain That’s Compatible With Ethereum Smart Contracts
NextData: Nyolings 24 Hours Trading Volume Up 424.96%Data: Nyolings 24 Hours Trading Volume Up 424.96%Data: Nyolings 24 Hours Trading Volume Up 424.96%Data: Nyolings 24 Hours Trading Volume Up 424.96%Data: Nyolings 24 Hours Trading Volume Up 424.96%Data: Nyolings 24 Hours Trading Volume Up 424.96%Data: Nyolings 24 Hours Trading Volume Up 424.96%Data: Nyolings 24 Hours Trading Volume Up 424.96%Data: Nyolings 24 Hours Trading Volume Up 424.96%Data: Nyolings 24 Hours Trading Volume Up 424.96%
Share
NewsMore
    Loading...